The Order : Weekly Aggregator Roundup - AnyMind
Chart of the week:
In its article "Amazon Is Not Abandoning Private Label Business" Marketplace Pulse that we shouldn't expect Amazon to fully exit the private label space any time soon. A review of the profitability - along with the regulatory pressure - may well reduce the numbers, but we at currently far from a full exit.
Analysis of the week:
In its "Q2 2022 insights into Digital Commerce" report GP Bullhound outlines the development of key financial KPIs for (public) eCommerce companies.
New funding this week: $36M
Funding Craze 💰
Japan: eCommerce brand enabler AnyMind announced their $36M Series D (thereof $30M in equity) to further acquire ecommerce solutions and brands. AnyMind has so far acquired various companies and brands, sales channels, mobile advertising platforms, and cross-border marketing companies. [Techcrunch]
Movers & Shakers 🤝
US: Cincy Brands Acquires Vitabox to Scale Operations and Reach More Consumers [PR Newswire]
Strategy 📈
A big announcement from Shopify this week: "Upload your store to YouTube" [Shopify]
"Amazon Briefing: Takeaways from this year’s Prime Day" [Modern Retail]
"'The party is over' for Amazon aggregators. Insiders share what's next — from fire sales to dramatic pivots — as funding evaporates." [Business Insider]
"Amazon Sues Administrators of More Than 10,000 Facebook Groups Over Fake Reviews" [Wall Street Journal]
"Yes, It Is Possible For DTC Brands To Grow In Today’s Economic Climate" [Forbes]
"Photos from Walmart employees show pallets of overstocked items crowding aisles and blocking access to a breastfeeding room as back rooms overflow" [Business Insider]
"Chinese fast-fashion brand Shein is hoping for a public offering by 2024, reports say" [Business Insider]
Events 🎤
Billion Dollar Seller Summit, Aug 14-18 in Austin
Helium10 Sell + Scale Summit, Sep 19-22 in Las Vegas
Let's make this week count,
Christian